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Class Notes for Tax at Baruch College

TAX 3300 Lecture 8: 11%2F21

November 21, 2017 Tax 3300 Review: When you sell to related party Losses are disallowed If the party sells to third party that's non related party (outside family) Then that a party can reduce previous...

TAX 3300
Steven Melnik
TAX 3300 Lecture Notes - Lecture 6: Intangible Asset, Ordinary Income, Capital Asset

November 17, 2017 Tax 3300 1) Use very little for business a) Personal gets ignored all together b) Maximum rental, under 15 days c) Ignore income, excluded, don't pay taxes ...

TAX 3300
Steven Melnik
TAX 3300 Lecture Notes - Lecture 5: Rebuttable Presumption, Itemized Deduction

November 10, 2017 Tax 3300 Chapter 6 Continued Hobby: (fun and personal in nature) Any personal expenses are nondeductible Expenses not deductible but you can deduct them up to income However, you ca...

TAX 3300
Steven Melnik
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